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we can argue about whether we should do it from the federal government or from the state government or from our communities and our chumps but of course we're committed to fulfilling those goals. but we cannot, it is not fair and i argue it is immoral to face the kind of challenges that we're facing and say, you know what, we, the 80% of america, aren't going to help at all. we're already paying 6% of all the bills. there are 80% of us. we're the primary beneficiary. we're paying 6% of all the bills. we don't want to pay more. tax them. that is incredibly dangerous. and anti-theycal to who we are as a republic -- antithetical to who we are as a republic. ben franklin is often cited, if people find they can vote themselves money that will herald the end of the republic. that makes sense. it takes 51% to win an election. if 51% of the people can make sure that 49% have to bear all the burdens and pay all the bills and do all the fighting, then the thore 51% can take the day off. then franklin worried about that over 200 years ago. milton friedman, passed away, by his words are still with
we can argue about whether we should do it from the federal government or from the state government or from our communities and our chumps but of course we're committed to fulfilling those goals. but we cannot, it is not fair and i argue it is immoral to face the kind of challenges that we're facing and say, you know what, we, the 80% of america, aren't going to help at all. we're already paying 6% of all the bills. there are 80% of us. we're the primary beneficiary. we're paying 6% of all the...
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Dec 5, 2012
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if we don't get the government -- government's paying for this health care, but the private sector is the one that's writing the bills. you need to do something about the private sector section of the medical system. get 100,000 people to send their bills to you from the hospital and make these people justify these outrageous costs they are charging the government. host: congressman welch. guest: he's got a point. the cost is unbelievable. anybody who's been to the hospital as hes is, you not only get that bill, but you get a bill for the stay in the surgery room, you get a bill from the anaesthesiologist. it's peacework -- piecework billing. what we have is this fee-for-service system here which encourages volume. if you have a incentive, it will produce results. the results that are produced for the fee-for-service system you is get a lot of services offered that many times are not necessary. so that's what -- he's got a good example of how the cost is really beyond the control of any consumer. he gets sent to the doctor. next thing you know he's getting an angioplasty, he's getting
if we don't get the government -- government's paying for this health care, but the private sector is the one that's writing the bills. you need to do something about the private sector section of the medical system. get 100,000 people to send their bills to you from the hospital and make these people justify these outrageous costs they are charging the government. host: congressman welch. guest: he's got a point. the cost is unbelievable. anybody who's been to the hospital as hes is, you not...
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Dec 6, 2012
12/12
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caller: we get a line of government workers or people working in the government sector. people who work hard. they have a house. real estate is expensive. a five million-dollar house is not uncommon in d.c. you have half of your exemption gone. host: the state to take the house and put it in a trust. caller: you have to put that in a non revocable trust. it gets complicated. do not do this on the internet. you can make use of non revocable trust. you can make it an asset. the average person doesn't know that. host: how do you do that in two weeks? caller: you can do it. most people's major asset is their home. for people that have more money, it gets harder. give now. if you intended to give money to your kids, do with this year. get it out. if you wait, it is going to be harder. this gets complicated. you have an exemption. there is a current level of how much you can give to any one person. that right now is $5 million tax free this year. next year that drops to $1 million. if you wanted to give money to your kids or give your kids and house, this is the year to do it.
caller: we get a line of government workers or people working in the government sector. people who work hard. they have a house. real estate is expensive. a five million-dollar house is not uncommon in d.c. you have half of your exemption gone. host: the state to take the house and put it in a trust. caller: you have to put that in a non revocable trust. it gets complicated. do not do this on the internet. you can make use of non revocable trust. you can make it an asset. the average person...
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Dec 5, 2012
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third, the government as decided -- has decided, third, the government has decided with the agreement of the bank of england to transfer excess cash held in the asset purchase facility to the exchequer. this is sensible cash management, this it is in line h the approach of the bank of japan and the u.s. federal reserve. i welcome the verdict that this is more transparent than the previous approach. i want to make sure its impact on the figures is also completely transparent, so we have forecast the public balances with and without the impact of the apf decision. of mr. speaker, when we came to office, the deficit stood at 11.2%, the highest in our peacetime history. it was forecast to be the largest of any major economy 2349 world. in the last two years, the deficit has fallen by a quarter. today's figures show that with or without the apf coupons, the deficit is forecast to fall this year as well. and cash borrowing is forecast to fall too. last year the deficit was 7.9%. this year with the apf coupons it is forecast to be 6.9%, but that excludes the aspect of the royal mail pension
third, the government as decided -- has decided, third, the government has decided with the agreement of the bank of england to transfer excess cash held in the asset purchase facility to the exchequer. this is sensible cash management, this it is in line h the approach of the bank of japan and the u.s. federal reserve. i welcome the verdict that this is more transparent than the previous approach. i want to make sure its impact on the figures is also completely transparent, so we have forecast...
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Dec 5, 2012
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and smaller government. we will not do it by refusing to pay for the government we have, thinking the economy in the process. that would be a good start, as a backdrop. i want to touch on your question about corporate and individual taxes. the third piece is small businesses. we work out how to develop a tax code that is good for competitiveness. you need to think about how those play into it. i think one of the things to keep hearing through messages with different groups of people is, while everybody is aware that the solution is going to take sacrifices from all sides, on spending, on revenues -- the confidence you get for putting the deal in place actually has tremendous economic benefits. the cheapest form of stimulus is confidence. if we can put that in place, and people believe something is going to stick, it becomes easier to do your part in all of this. if the moving pieces and revenue are there, do not underestimate the benefit of what the future holds. >> this ties into michael's point. the produc
and smaller government. we will not do it by refusing to pay for the government we have, thinking the economy in the process. that would be a good start, as a backdrop. i want to touch on your question about corporate and individual taxes. the third piece is small businesses. we work out how to develop a tax code that is good for competitiveness. you need to think about how those play into it. i think one of the things to keep hearing through messages with different groups of people is, while...
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Dec 6, 2012
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they're feeling so good about the election, they've forgotten they've got a duty to govern. a lot of people are going to suffer -- a lot -- if we go off this cliff. that's why we assumed democrats would have preferred to avoid it. we thought this was the perfect opportunity to do som >> house democratic leaders spoke with reporters in the capital. this is 15 minutes. >> we are back. >> i know that you appreciate that we all have a day job and this is part of it. but we want to make sure that our ranking members that he leaves so effectively to make sure that we get all the members. let's start with you. >> allowing the middle class tax cuts, the debt limit on the table. >> consider that the republicans agree the new income tax will be a victory for the american people. it is becoming more if he does do that. passing the tax cut means the end of holding them hostage. >> i share the leaders view, this ought not to be a bad time. -- about tactics or strategy. it should be aboutthe economy and working americans, 98% pass the bill. they have the assurance that they will not be su
they're feeling so good about the election, they've forgotten they've got a duty to govern. a lot of people are going to suffer -- a lot -- if we go off this cliff. that's why we assumed democrats would have preferred to avoid it. we thought this was the perfect opportunity to do som >> house democratic leaders spoke with reporters in the capital. this is 15 minutes. >> we are back. >> i know that you appreciate that we all have a day job and this is part of it. but we want to...
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Dec 8, 2012
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we need our government to be helping us. if we want to be innovative and entrepreneurial, if not -- it does not just happen. it comes from the investments we make in education and the way we do our tax policy and incentivizing energy and innovation in manufacturing. there are tax deductions we can get rid of. they are old and we do not mean them. it is important to the investment community. we know there are a lot of companies that are sitting on millions of dollars, billions of dollars, waiting for the right moments. if we want them to start spending in, we better make some hard decisions. we need to give them some certainty. you mentioned when the debt ceiling tucks happens before the republicans -- he mentioned with the debt ceiling talks happened before. we have to reach some agreement. we have to do it for the long term as well as the short term. >> you are doing an exemplary job. when we polled people about what is the to do list for washington, the debt was number one. the availability of good paying jobs, the social
we need our government to be helping us. if we want to be innovative and entrepreneurial, if not -- it does not just happen. it comes from the investments we make in education and the way we do our tax policy and incentivizing energy and innovation in manufacturing. there are tax deductions we can get rid of. they are old and we do not mean them. it is important to the investment community. we know there are a lot of companies that are sitting on millions of dollars, billions of dollars,...
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Dec 4, 2012
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you can see it in the government with medicare and social security. no one is arguing we have to cut medicare and social security taxes because they see them tied to something very specific. it goes into a trust fund used for their benefit. in the process of this, if you could print this discussion much more fully home -- it is more than just fixing to that, and that is a specific use of it, bringing it home to some actual uses of this fund, how are you going to make the social security trust funds solvent over a long period, making it worked, you would find resistance to this stuff a great deal less. >> do you think the president has made that connection with the outreach he has done since the election or during the election? >> snowe, it is still -- no, it is still in a class warfare mode on both sides. bringing it home, thinking about what you are going to tell that person wherever you see them about this -- you can take the sting out of this thing by -- there are other people here who have political things that may have raised or not have raised t
you can see it in the government with medicare and social security. no one is arguing we have to cut medicare and social security taxes because they see them tied to something very specific. it goes into a trust fund used for their benefit. in the process of this, if you could print this discussion much more fully home -- it is more than just fixing to that, and that is a specific use of it, bringing it home to some actual uses of this fund, how are you going to make the social security trust...
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Dec 9, 2012
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that you will shower with your life giving spirit those to whom we have entrusted the authority of our government, that there may be justice and peace at home and that we may be a plessing to all the nations of the world. in the time of pross terty, fill our parties with thankfulness and in the day of trouble let us not lose our trust in you. let this national tree be a reminder that in some inexplicable way you are standing with us at all times. all this we ask in your most holy name, amen. >> good evening. on behalf of the national park foundation and national park service it is a great privilege to present the national christmas tree lithing. just steps from here 90 years ago this grand tradition began as a small group of people gathered together to celebrate the holiday season in our nation. through the the years the tradition has continued, in times of peace and war and times of prosperity and hardship. steadfast for 90 years we have come here. tonight we gather again to honor this moment and this place. it's part of the great american story. our nation is woven together by moments and place
that you will shower with your life giving spirit those to whom we have entrusted the authority of our government, that there may be justice and peace at home and that we may be a plessing to all the nations of the world. in the time of pross terty, fill our parties with thankfulness and in the day of trouble let us not lose our trust in you. let this national tree be a reminder that in some inexplicable way you are standing with us at all times. all this we ask in your most holy name, amen....
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Dec 9, 2012
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pray that he will shower with your life giving spirit those with whom we trust the authority of our government. that we may be a blessing to all the nations of the world. in a time of prosperity, fill our thoughts with thankfulness, and let us not lose our trust in you. let this national tree be a reminder that in some inexplicable way you are standing next to us at all times. all this we ask in your most holy name, amen. >> good evening. i have asked the national park foundation and the national park service. it is a privilege to participate in the national christmas tree lighting. 90 years ago, the scrams tradition -- this grand tradition began. through the years, the tradition has continued in times of peace and times of war. times of prosperity and times of hardship. steadfast and true for 90 years, we have come here. tonight, we gather in the majesty of president's park to honor this place. in our nation is woven together with moments and places such as these. each with a unique and honorable story to share. places like that smelly, yosemite, yellowstone, places that the remind us of our
pray that he will shower with your life giving spirit those with whom we trust the authority of our government. that we may be a blessing to all the nations of the world. in a time of prosperity, fill our thoughts with thankfulness, and let us not lose our trust in you. let this national tree be a reminder that in some inexplicable way you are standing next to us at all times. all this we ask in your most holy name, amen. >> good evening. i have asked the national park foundation and the...
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Dec 10, 2012
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the bottom line, i think it is no way to govern. it is a giant mistake to have all of this in a pool of ambiguity. as i understand it, now, you would know more, it truly is a stalemate. they are not talking. >> you point out, it is the same players. i think you will agree the players that matter most are the president, speaker finger. what we know about their personal -- speaker john boehner. what we know about their personal relationship right now? >> it started out last year when they were working on the debt ceiling. it was called the merlo and the correct meeting. in other words, john boehner would have a merlo and obama would chu nicolette's. -- chew nicorettes. and they had iced tea for obama. of course, john boehner had his cigarette and put his cigarette in the ash tray away. they have not closed the deal. -- close to the deal on the personal relations. i think that is a shame. somebody said, instead of sponsoring a breakfast you should sponsor a weekly dinner between president obama and speaker john boehner and everyone wou
the bottom line, i think it is no way to govern. it is a giant mistake to have all of this in a pool of ambiguity. as i understand it, now, you would know more, it truly is a stalemate. they are not talking. >> you point out, it is the same players. i think you will agree the players that matter most are the president, speaker finger. what we know about their personal -- speaker john boehner. what we know about their personal relationship right now? >> it started out last year when...
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Dec 5, 2012
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caller: we get a line of government workers or people working in the government sector. people who work hard. have a house -- they have a house. real estate is expensive. a five million-dollar house is not uncommon in d.c. you have half of your exemption gone. host: the state to take the house and put it in a trust. caller: you have to put that in a non revocable trust. it gets complicated. do not do this on the internet. you can make use of non revocable trust. you can make it an asset. the average person doesn't know that. host: how do you do that in two weeks? caller: you can do it. most people's major asset is their home. for people that have more money, it gets harder. give now. if you intended to give money to your kids, do with this year. get it out. if you wait, it is going to be harder. this gets complicated. you have an exemption. there is a current level of how much you can give to any one person. that right now is $5 million tax free this year. next year that drops to $1 million. if you wanted to give money to your kids or give your kids and house, this is th
caller: we get a line of government workers or people working in the government sector. people who work hard. have a house -- they have a house. real estate is expensive. a five million-dollar house is not uncommon in d.c. you have half of your exemption gone. host: the state to take the house and put it in a trust. caller: you have to put that in a non revocable trust. it gets complicated. do not do this on the internet. you can make use of non revocable trust. you can make it an asset. the...
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big government is not effective government. big government has never worked. it is easy to sell, but when you put it into practice, it has failed each and every time. the government has never been able to sustain a vibrant middle class. if any people under should know that, it is us. we need to look no further than our own communities to see where the answers are to our challenges like. it starts with strong and stable families. it continues with a civil society filled with people working together to improve their country. with a thriving enterprise economy that creates good paying jobs and can draw upon people with skills to do those jobs, government's role is to support those institutions and those policies that strengthen the family and the community, to implement row-growth policy, the free enterprise economy that termites -- that promotes middle-class jobs. the emergence of a strong, vibrant and growing 21st-century american middle class is the answer to the most pressing challenge we face. think about it -- millions americans with jobs that pay more mean
big government is not effective government. big government has never worked. it is easy to sell, but when you put it into practice, it has failed each and every time. the government has never been able to sustain a vibrant middle class. if any people under should know that, it is us. we need to look no further than our own communities to see where the answers are to our challenges like. it starts with strong and stable families. it continues with a civil society filled with people working...
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Dec 5, 2012
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government terminated assistance to the government of mali. however our efforts to address the food and medical needs of the people of mali continue. in determines what programs can move forward, we consider whether they provide essential life-saving assistance, whether they support children, strengthen food security or advance u.s. foreign policy. we also consider operational issues including efficient management and oversight. this case by case analysis ensures that there is careful consideration of the context surrounding a proposed activity. before the coup, usaid was the largest donor supporting leches in mali. programs trained poll workers and improved elections monitoring systems, strengthened political parties and provided voter education. when the electoral support activities resumed, providing the consent of congress, it will help support free an fair elections in mali and a peaceful political exit from the current situation. a key issue will be ensuring the inclusion and participation of the internally displaced personals and refuge
government terminated assistance to the government of mali. however our efforts to address the food and medical needs of the people of mali continue. in determines what programs can move forward, we consider whether they provide essential life-saving assistance, whether they support children, strengthen food security or advance u.s. foreign policy. we also consider operational issues including efficient management and oversight. this case by case analysis ensures that there is careful...
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Dec 10, 2012
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the more you think about government, led government can and should focus on our things in their control and that can get done. a lot of what creates innovation is outside of government control even though it is important to get done. the most important thing right now is that government has 100% of
the more you think about government, led government can and should focus on our things in their control and that can get done. a lot of what creates innovation is outside of government control even though it is important to get done. the most important thing right now is that government has 100% of
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Dec 6, 2012
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the purpose of government is. i believe barack obama is on the right track to teach the people that this is what the role of government should be, for the people. not the corporate interests. one other thing. matt asked about c-span? i want to say unfortunately i have been disabled. i am a disabled veteran. i have been not able to work since the end of 1997. the one benefit i have had to have this opinion is i have been able to watch c-span and "washington journal" almost daily. very much rned so muc that i have never learned in undergraduate hours, law school, or high school. i have learned more about history, government, the true history of this country. not what we have been spoonfed in high school. or in critical about the pleasant stories where we were happy with smiles on their face. where we have come from and how far we have come and how far we can go in terms of really being that bright and shining lfght for other countries to follow by example. host: is that it? caller: please, please, is there some way
the purpose of government is. i believe barack obama is on the right track to teach the people that this is what the role of government should be, for the people. not the corporate interests. one other thing. matt asked about c-span? i want to say unfortunately i have been disabled. i am a disabled veteran. i have been not able to work since the end of 1997. the one benefit i have had to have this opinion is i have been able to watch c-span and "washington journal" almost daily. very...
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Dec 7, 2012
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the vat tax wouldn't hold government to a tighter belt. guest: if you eliminate all deductions, a lot people would not necessarily have to see their taxes go up if you also lower tax rates and you can make a simpler tax code. a lot people are in favor of that. on the other hand, a lot of people think that it is good to encourage home ownership. it is good to make sure that employers are providing health insurance and that is not being taxed, and if people are paying their state and local taxes, we should give them a break and not tax that. they're definitely reasons and rationales behind the biggest tax breaks. host: laura tweeted in, raise everyone's rates a little rather than some a lot. next call, carl from kansas, line for independents. caller: i think we need to quit worrying about the taxes and go for welfare reform. i know a lady here in kansas who has three kids. all her food, doctor bills, prescriptions -- she doesn't pay any taxes. how does she get money back? guest: if you are not working, you're not going to be paying payroll t
the vat tax wouldn't hold government to a tighter belt. guest: if you eliminate all deductions, a lot people would not necessarily have to see their taxes go up if you also lower tax rates and you can make a simpler tax code. a lot people are in favor of that. on the other hand, a lot of people think that it is good to encourage home ownership. it is good to make sure that employers are providing health insurance and that is not being taxed, and if people are paying their state and local taxes,...
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Dec 7, 2012
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tanner, who is better at running these programs, the state governments or federal governments? guest: states have very different economic climates. what is going on the dakotas right now, they're not even eligible for this emergency unemployment extended benefits, versus new york, which has the highest level of weeks allowed right now because of their differing unemployment rates. guest: it is administered by states. i think a lot of the state programs are too restrictive in their eligibility and have to look capps. there are some important steps forward in the american recovery act -- too low caps. there are some important steps forward and the american recovery act. i do not see a lot of prospects for much greater federal involvement any time soon. host: mableton, illinois on the line for independents. caller: i want to direct this to mr. tanner. i have never been in debt. i have a retirement, have a very nice pension from the state of california bar when i was a state police officer. -- for when i was a state police officer. we're not putting enough emphasis on what has happ
tanner, who is better at running these programs, the state governments or federal governments? guest: states have very different economic climates. what is going on the dakotas right now, they're not even eligible for this emergency unemployment extended benefits, versus new york, which has the highest level of weeks allowed right now because of their differing unemployment rates. guest: it is administered by states. i think a lot of the state programs are too restrictive in their eligibility...
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Dec 5, 2012
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but in state government. but one of the things we did ask was thats as the federal government considers the cuts that they are going to make, that they consider the cuts upon the state and when there are cuts upon the state, yet still mandated things that we have to do, that has an effect upon our budget. we asked for flexibility and how the money is passed down to the states and the cuts that are passed down that we would have the flexibility to do what's in the best interest of our states, whether it's in relation to our budget, our different problems that we have in our states and how we would be able to make the decisions based upon what's best for our states. >> let me add to that if i can. we did talk about medicaid but we talked about the overall budget and the deficit and the debt reduction that needs to take place. and doing it in a way at that doesn't topple the economy. we understand how you can help pate bills by a healthy growing economy. what i did appreciate was that president obama pledged to
but in state government. but one of the things we did ask was thats as the federal government considers the cuts that they are going to make, that they consider the cuts upon the state and when there are cuts upon the state, yet still mandated things that we have to do, that has an effect upon our budget. we asked for flexibility and how the money is passed down to the states and the cuts that are passed down that we would have the flexibility to do what's in the best interest of our states,...
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Dec 8, 2012
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we need our government to help us do this and move us forward. if we want to be innovative and entrepreneurship, that does not happen. a lot of that comes from the investments we have made in education, in how we do our tax policy. are we innovative in advanced manufacturing? these are things we could to. there are tax deductions we could get rid of. they are old. we do not need them. it would be important to the investor community and business community. there are companies that are sitting on millions of dollars and billions of dollars, waiting for the right moment. if we want them to start spending, we need to make decisions. it will not be good enough if we do not deal with the much larger question and give them certainty. some of the failed talks happened before. republicans would dig their heels in and say, it is our ideology or nothing. that will hurt the economy. they will say, see, i told you it did not work. that is the wrong way to work. we have to reach an agreement. we have to do it for the long term and short term. >> you are doing
we need our government to help us do this and move us forward. if we want to be innovative and entrepreneurship, that does not happen. a lot of that comes from the investments we have made in education, in how we do our tax policy. are we innovative in advanced manufacturing? these are things we could to. there are tax deductions we could get rid of. they are old. we do not need them. it would be important to the investor community and business community. there are companies that are sitting on...
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Dec 2, 2012
12/12
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they're against taxes because they think it fuels government and they're against government. they're against compromise -- they're particularly compromised with this particular president for a whole host of reasons. we have the same dynamic. we had back in 2011 when john boehner, i think, left to his own devices would cut a deal with the president in five minutes. >> let's stop for a second. i think they're darn serious. who knows what the world's going to react to this. we don't know. we don't know. forget the market. the world economy doesn't know. my question is this. would the republican party like to go over the cliff hanging onto that 2% rich people and say that's why they did it? can they live with themselves if they do it? >> they have -- in some ways the politics for boehner becomes easier. i don't like to call it a cliff. after they go down the slope. >> why? >> because if nothing happens between now and the oerchd the year, all the tax cuts, puff, they disappear. you come back the first week in january and you pass a bill and then the tee partiers, boehner can make
they're against taxes because they think it fuels government and they're against government. they're against compromise -- they're particularly compromised with this particular president for a whole host of reasons. we have the same dynamic. we had back in 2011 when john boehner, i think, left to his own devices would cut a deal with the president in five minutes. >> let's stop for a second. i think they're darn serious. who knows what the world's going to react to this. we don't know. we...
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Dec 9, 2012
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i have credibility in rating government debt. i worry about them but the most important thing is if we got a substantial down grade, u.s. treasurys would no longer satisfy international banking requirements. this spills over to the way we will run our lives. this is something we should do anyway. guest: when we got downgraded last time, we were told that pension funds would have to dump the securities and they did not. host: guest: john boehner put out a package which was balanced in the sense the president has called for and included a tax increase the president wanted on high-income americans and had substantial spending cuts. why cannot the president do the same thing? guest: those cuts were specified in general terms only. guest: i would love for the president to come in as the general. host: democrats line, good morning. caller: our you doing today? i will be real quick -- this is a joke. every time i see this mr. aikens on tv, i laughed. this guy was with the regime that put us in this mess today. here is talking about soci
i have credibility in rating government debt. i worry about them but the most important thing is if we got a substantial down grade, u.s. treasurys would no longer satisfy international banking requirements. this spills over to the way we will run our lives. this is something we should do anyway. guest: when we got downgraded last time, we were told that pension funds would have to dump the securities and they did not. host: guest: john boehner put out a package which was balanced in the sense...
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government was trying do at that time. there was a huge uproar -- and if you listen very carefully it was the sense that i had anyway that the government did not know exactly what it wanted to do. that it was confuse and without a clear sense of direction. but maybe you had a clear sense of direction. >> we had a clear sense and you we told you. you just didn't believe us. at geneva i sat down with a group of anchors -- you were not one of them -- and one of them know, we didn't know this was coming. and i said the president made speech january 16, 1984, this was more than a year and a half before, and most of your people said he was playing politics. he set forth in that speech what he wanted to do. and i think we were very open. it was simply that the press was extraordinari extraordinarily, i would say, concept confidentiskeptical tha knew what he was doing. now, there's another side to public diplomacy and that is how about the soviet union. roz mentioned a very important agreement at geneva that a nuclear war cannot b
government was trying do at that time. there was a huge uproar -- and if you listen very carefully it was the sense that i had anyway that the government did not know exactly what it wanted to do. that it was confuse and without a clear sense of direction. but maybe you had a clear sense of direction. >> we had a clear sense and you we told you. you just didn't believe us. at geneva i sat down with a group of anchors -- you were not one of them -- and one of them know, we didn't know this...
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critics say it would dismental spain's healthcare system but the government says cuts are necessary to secure health services during the recession. >>> the countdown continues. at this point there's just over three weeks until our nation potentially tumbles over what we call the fiscal cliff. john boehner says there's been no real progress in the negotiations between the white house and lawmakers on capitol hill. now he's accusing president obama of dragging his feet as the deadline looms. is more of the same in store for the week ahead? joining us, managing edit for of the hill. >> good morning. >> we talk about this happening and going over the cliff. speaker boehner accuses the white house of dragging its feet. >> president obama offered a proposal, republicans didn't like that plan. now the g.o.p. has countered. so the ball is in the white house's court and that's what republicans are basically waiting for. but i don't see -- i don't think you'll see real progress over the next week. we are about two weeks away from christmas. three weeks until we hit the deadline and they're nowhe
critics say it would dismental spain's healthcare system but the government says cuts are necessary to secure health services during the recession. >>> the countdown continues. at this point there's just over three weeks until our nation potentially tumbles over what we call the fiscal cliff. john boehner says there's been no real progress in the negotiations between the white house and lawmakers on capitol hill. now he's accusing president obama of dragging his feet as the deadline...
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it will only increase government spending. unemployment benefits are a stopgap measure that prevent people who might be able to get work from getting other government benefits. the most egregious example is social security disability. as people start to exhaust their unemployment benefits, they apply for disability. that is a good program designed for people who are unable to work. as more and more people who can work apply for it, that drains the resources. once they get on that, they do not get back into the workforce. we see the trust fund set to hit insolvency in 2016. host: we will go first to tim from carolina on the republican line. caller: good morning. how are you? i would like to ask a question. how can the government extend unemployment benefits to the tune of -- it seems like unlimited when the recession came in in 2009 and i guess bush was leaving and obama was coming in. how could they extend them that long when i am 47 years old and i have never done it in my life until 2009. yet these people were able to go way
it will only increase government spending. unemployment benefits are a stopgap measure that prevent people who might be able to get work from getting other government benefits. the most egregious example is social security disability. as people start to exhaust their unemployment benefits, they apply for disability. that is a good program designed for people who are unable to work. as more and more people who can work apply for it, that drains the resources. once they get on that, they do not...
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tanner, who is better at running these programs, the state governments or federal governments? guest: states have very different economic climates. what is going on the dakotas right now, they're not even eligible for this emergency unemployment extended benefits, versus new york, which has the highest level of weeks allowed right now because of their differing unemployment rates. you want this handled on the local level and not a one-size- fits-all across the country. guest: it is administered by states. i think a lot of the state programs are too restrictive in their eligibility and have too low caps. there are some important steps. there are some important steps forward and the american recovery act. i do not see a lot of prospects for much greater federal involvement any time soon. host: mableton, illinois on the line for independents. caller: i want to direct this to mr. tanner. i have never been in debt. i have a retirement, have a very nice pension from the state of california when i was a state police offiercer. we're not putting enough emphasis on what has happened in
tanner, who is better at running these programs, the state governments or federal governments? guest: states have very different economic climates. what is going on the dakotas right now, they're not even eligible for this emergency unemployment extended benefits, versus new york, which has the highest level of weeks allowed right now because of their differing unemployment rates. you want this handled on the local level and not a one-size- fits-all across the country. guest: it is administered...
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government spending is above what it was before the recession. business investment, that area is what continues to lag. in your view, do you think raising taxes on the two marginal rates as well as capital gains dividends, does that encourage more business investment in the economy? >> the threat of those increases is a very big negative. mr. brady, one of the things economists use when they teach graduate classes is something called the handbook of public economics. you had to study that, too, mark. i know i did. one of the later editions, there is a chapter on how taxes effect business spending. we go into a very gory detail about how negative this can be. if the dividend tax is going to go up, a lot of firms would be hurt significantly by that. they would be paring back their capital spending in anticipation of higher taxes in the future. businesses will look to the future when they decide what they're going to do. they are not investing. you see it's in the investment data. it is why this recovery has been so slow. businesses have a lot of ca
government spending is above what it was before the recession. business investment, that area is what continues to lag. in your view, do you think raising taxes on the two marginal rates as well as capital gains dividends, does that encourage more business investment in the economy? >> the threat of those increases is a very big negative. mr. brady, one of the things economists use when they teach graduate classes is something called the handbook of public economics. you had to study...
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own government. caller: my concern is over the cost of using contractors. they have so many different business models that the government cannot control. we need to have a more flexible way to control what we do and what we do not do. it is almost impossible to stop serving today without this tremendous cost. -- something today without this tremendous cost. contracting is going to hire more than any other category of employment. however going to maintain a contract force that is going to continually rising cost -- rise in cost? guest: one of the reason we have so many contractors is we have taken those forces out of the military. rather than having a lot of people in uniform, which we might pay for for 30 years on the possibility that we go to war in iraq or afghanistan, we rely on contractors. contractors can be expensive, if you need to use them. if you have them on standby with a number of major companies who do this kind of thing, you are paying a minimal amount. we pay them some amount of money,
own government. caller: my concern is over the cost of using contractors. they have so many different business models that the government cannot control. we need to have a more flexible way to control what we do and what we do not do. it is almost impossible to stop serving today without this tremendous cost. -- something today without this tremendous cost. contracting is going to hire more than any other category of employment. however going to maintain a contract force that is going to...
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that's the kind of thing government can do. government can do a lot on the regulatory side to slow things down if you forget to have effective cost-benefit analysis, but it can do a lot on the project side to really find something that works and the community becomes the laboratory for change and that others can then model. you do not have to do it everywhere and if you can show in water to a location that there really work. that is the driving force behind the idea of that lamar has been a significant spokesperson for. >> do like that car? >> i do like it. i have driven my leaf. i live in this building in a plug in the wall when i go home at night. that's all i have to do. deployment communities are a good idea. sometimes the government can have a demonstration project that makes a difference. they did a hydraulic factory and we have had fracking are around forever. three things made a difference in it. one was a huge to demonstrate that you could do it in a big way which was helpful. the second was the laboratory inventing 3d
that's the kind of thing government can do. government can do a lot on the regulatory side to slow things down if you forget to have effective cost-benefit analysis, but it can do a lot on the project side to really find something that works and the community becomes the laboratory for change and that others can then model. you do not have to do it everywhere and if you can show in water to a location that there really work. that is the driving force behind the idea of that lamar has been a...
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up next, rebels say syria's government is already using chemical weapons. i need you. i feel so alone. but you're not alone. i knew you'd come. like i could stay away. you know i can't do this without you. you'll never have to. you're always there for me. shh! i'll get you a rental car. i could also use an umbrella. fall in love with progressive's claims service. because helps you keep doing what you love. no wonder it's america's #1 selling pain reliever. you took action, you took advil®. and we thank you. prego?! but i've bought ragu for years. [ thinking ] wonder what other questionable choices i've made? i choose date number 2! whooo! [ sigh of relief ] [ male announcer ] choose taste. choose prego. >> bret: activist in syria say rebels captured parts of another large army base in the north. that tightens their grip on areas close to the turkish border. back in the u.s., the government is moving closer to making a decision about one faction in the opposition forces. there are increasing concerns about chemical weapons. here is chief intelligence correspondent cath
up next, rebels say syria's government is already using chemical weapons. i need you. i feel so alone. but you're not alone. i knew you'd come. like i could stay away. you know i can't do this without you. you'll never have to. you're always there for me. shh! i'll get you a rental car. i could also use an umbrella. fall in love with progressive's claims service. because helps you keep doing what you love. no wonder it's america's #1 selling pain reliever. you took action, you took advil®. and...
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the founding fathers wrote the second amendment in part because they were fearful of having government completely disarm the citizenry. they also had gun control laws. they didn't view the second amendment as a libertarian license for anyone to have any gun anywhere they wanted. >> there were gun control laws way back when, when our founding fathers were drafting these words. what kind of gun limitations were there back then and from the existence of those laws, even if you were an originalist to kind of try to understand and unwrap and figure out what the original drafters meant what could you then discern about the capacity to pass current gun control laws. one thing we know is that the founding fathers regulated guns and who could own them when they thought it was necessary for public safety. the kind of things they thought was necessary we don't grow with anymore. they thought blacks shouldn't have guns and had disdiscriminatory gun laws. the founding fathers barred loyalists, people who refused to swear a loyalty to the revolution to own guns. we are talking about people exercisin
the founding fathers wrote the second amendment in part because they were fearful of having government completely disarm the citizenry. they also had gun control laws. they didn't view the second amendment as a libertarian license for anyone to have any gun anywhere they wanted. >> there were gun control laws way back when, when our founding fathers were drafting these words. what kind of gun limitations were there back then and from the existence of those laws, even if you were an...
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they intended it to starve the government, which is a constitutional government. that makes me very angry. the other point i have to make is that i'm one of the long-term unemployed. right now, all of these discussions are noise. the root cause problem is a lack of jobs and offshore in that has gone unchecked since 2000. if i do not have a job, i cannot contribute to my country. if i do not have a job, i cannot pursue life, liberty, and have it is. i cannot raise my child or pay for my house her i cannot do anything because there is no revenue coming in. all i hear are the republicans wining about the upper 2% not having their golf money. host: laura calling in from austin, texas. earlier we talked but the bush tax cuts and whether they were indeed intended to be temporary or not. the loopholes, are they intended to be deborah? or are they here tuesday? -- to be temporary? are they here to stay? guest: they were intended to be permanent. you cannot assign -- underestimate how hard it would be to cut those. this is why reluctant -- republicans are reluctant to prop
they intended it to starve the government, which is a constitutional government. that makes me very angry. the other point i have to make is that i'm one of the long-term unemployed. right now, all of these discussions are noise. the root cause problem is a lack of jobs and offshore in that has gone unchecked since 2000. if i do not have a job, i cannot contribute to my country. if i do not have a job, i cannot pursue life, liberty, and have it is. i cannot raise my child or pay for my house...
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what kind of government do we have? the idea you can allow that to happen when the congress already has control over spending is ridiculous. it doesn't serve any purpose. yes, we should do away with that. still have congress have the ability to block it, if they want to vote to do it, but not incremental increases when they don't serve a purpose. >> okay, henry bloj jet. thanks very much. >> thank you for having me. >> straight ahead, boehner lays down the smackdown on gop-ers who dare to challenge the status quo. later, i go hunting with doug dynasty. i'm so excited for this show. "the cycle" rolls on for tuesday, december 4th. male anno] when a major hospital wanted to provide better employee benefits while balancing the company's bottom line, their very first word was... [ to the tune of "lullaby and good night" ] ♪ af-lac ♪ aflac [ male announcer ] find out more at... [ duck ] aflac! [ male announcer ] ...forbusiness.com. [ yawning sound ] a new way to save on your prescriptions. it's the aarp medicarerx saver p
what kind of government do we have? the idea you can allow that to happen when the congress already has control over spending is ridiculous. it doesn't serve any purpose. yes, we should do away with that. still have congress have the ability to block it, if they want to vote to do it, but not incremental increases when they don't serve a purpose. >> okay, henry bloj jet. thanks very much. >> thank you for having me. >> straight ahead, boehner lays down the smackdown on gop-ers...
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>> this will be run by the government. what additional tools can we bring to the governor's to provide additional resources and what can we do to support small businesses? >> at the very end, use of the budget request for what we think is boy to be needed, as we look at the numbers coming members of the requests, is a possible that some of what will make the number lower is they will not be able to rebuild? >> that's exactly what i was saying. particularly in the fema programs, it is a unique funding source. those bonds do not expire. we get a preparations annually in for the disasters that we have had a and we make sure we have bonds available to respond to the next disaster. it is not just about spending this much raw in this disaster this year, but it is also keeping the standards. when congress fully funded that, it was also to provide the faunas out for something like this. but you have to be ready to go. our annual appropriation does not only the total figure for a disaster. it is what we expect it to the extent and
>> this will be run by the government. what additional tools can we bring to the governor's to provide additional resources and what can we do to support small businesses? >> at the very end, use of the budget request for what we think is boy to be needed, as we look at the numbers coming members of the requests, is a possible that some of what will make the number lower is they will not be able to rebuild? >> that's exactly what i was saying. particularly in the fema...
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we are not here for the government's spending. we have a right to earn our own money, to keep what we have come not to pay off the things that we share. most of that other stuff that happens, we should be going to the states to handle it. right now because of the potential of riots, let's stop the business welfare and then let's stop the personal welfare spending stop making people dependent. host: we will keep this conversation going by let me give you some other headlines. "the los angeles times" this morning -- "the wall street journal" says this about the situation in syria -- it is the front page of "the new york times" this morning, and they say this -- peter baker and bryan gordon write in "the new york times" -- then, also we are doing a segment on syria taking a deeper dive into this issue on sunday here on the "washington journal ." moving on to the situation in israel. five nations some men envoys of israel. also, some other headlines for you. "the baltimore sun" -- next to that, president obama suggests a revamp of the
we are not here for the government's spending. we have a right to earn our own money, to keep what we have come not to pay off the things that we share. most of that other stuff that happens, we should be going to the states to handle it. right now because of the potential of riots, let's stop the business welfare and then let's stop the personal welfare spending stop making people dependent. host: we will keep this conversation going by let me give you some other headlines. "the los...
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people don't understand that to get spending going in the economy, the government has to buy goods and services. it's not enough to put dollars into people's pockets because a lot of of it gets suspended or used to pay down at the timeette debt. the key thing that would help the most is not putting enough money into public works. clearly, we have a vast, your own state needs at least $50 billion to fix up from the hurricane, and to put into place some things that will prevent future damage. the roads are falling apart the bridges are falling apart there's crying needs. this is a win-win for the economy. >> eliot: this sounds very much like paul krugman has been calling out for this, there are ways to get demand back to where it needs to be to stimulate hiring. the two consequences the deficit hawks said would result is interest rates would go up and inflation would spike. neither has happened. why not? >> that's right. because we still don't have an economy that is operating anywhere close to potential. we have vast unused resources people unemployed who could be working. we could hire
people don't understand that to get spending going in the economy, the government has to buy goods and services. it's not enough to put dollars into people's pockets because a lot of of it gets suspended or used to pay down at the timeette debt. the key thing that would help the most is not putting enough money into public works. clearly, we have a vast, your own state needs at least $50 billion to fix up from the hurricane, and to put into place some things that will prevent future damage. the...
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quote, liberty protects the person from unwarranted government intrusions. freedom extends upon spatial bounds. liberty presumes an autonomy of self that includes freedom of thought, belief, expression, and certain intimate conduct. the defendants are adults, and their conduct was in private and consensual, and, quote, to declare the issue as one related to the right to engage in certain sexual conduct demeans the claim the individual put forward. so could it happen? could it happen next year? that the supreme court declare it is unconstitutional to deny people of the same sex the right to marry? what a question, what a story. joining me now is the president of the human rights campaign, chad griffin, and gay rights advocate elizabeth birch. i hope i set it up as best i could. i can't write the majority opinion next year. i think i know what the majority opinion should look like. your thoughts? >> i couldn't have said it better, chris. it really is an incredible day today, that the supreme court is taking the prop 8 case, the perry case, as well as the doma
quote, liberty protects the person from unwarranted government intrusions. freedom extends upon spatial bounds. liberty presumes an autonomy of self that includes freedom of thought, belief, expression, and certain intimate conduct. the defendants are adults, and their conduct was in private and consensual, and, quote, to declare the issue as one related to the right to engage in certain sexual conduct demeans the claim the individual put forward. so could it happen? could it happen next year?...
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. >>> and a north bay oyster company is fighting an eviction order by the federal government. the agreement between the company and environmental agency expired last month. >> yes. look at these little guys. 100 were discovered in the vallejo arena. it is a sign that the echo system is starting to recover. >> reporter: the city of vallejo was prejudicing its public marina when it dug something up, something no one expected, something odd. >> i have been here 23 years and i have never seen these guys before. >> reporter: california oysters. although small and not too many, these oysters are sensitive to water quality. >> the water is getting better and the quality is getting much improved. >> reporter: this hasn't always been the case. for over 100 years a shipyard operator across the river and legend has it once in the 1940s the water caught fire. that combined with agriculture runoff in the napa valley created nasty water. down river matthew sears manages the 112-year-old vallejo yacht club. he said since shipping closed and wildlife has improved, the wildlife is returning. >
. >>> and a north bay oyster company is fighting an eviction order by the federal government. the agreement between the company and environmental agency expired last month. >> yes. look at these little guys. 100 were discovered in the vallejo arena. it is a sign that the echo system is starting to recover. >> reporter: the city of vallejo was prejudicing its public marina when it dug something up, something no one expected, something odd. >> i have been here 23 years...
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not government. companies work hard at fighting bacteria simply to protect their brand. competition, that fight for reputation, protects us much better than government ever will. that's our show. i'm john stossel. captioned by closed captioning services inc. >> i'm chris wallace. it's 30 days and counting until we go over the fiscal cliff. >> the president is demanding higher tax rates. congressional republicans want deeper spending cuts and entitlement reform. will they make a deal before we bring in the new year with a round of tax increases for all of us? we will ask the two men at the center of the negotiations where we really stand. for the president, treasury secretary timothy geithner. for the gop house speaker john boehner. geithner and boehner only on fox news sunday. plus, we've seen this movie before. the two parties edging closer and closer to the brink. we will ask our sunday panel whether we will get a happy ending or an economic disaster. and our power player of the week. a young beauty queen has to make a tough choice. all right now on fox news sunday. >>
not government. companies work hard at fighting bacteria simply to protect their brand. competition, that fight for reputation, protects us much better than government ever will. that's our show. i'm john stossel. captioned by closed captioning services inc. >> i'm chris wallace. it's 30 days and counting until we go over the fiscal cliff. >> the president is demanding higher tax rates. congressional republicans want deeper spending cuts and entitlement reform. will they make a deal...
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we don't have new money for government to spend on infrastructure. government has to play a role here, but increasingly there's a desire from the private sector from private capital to invest in infrastructure. >> jay, we almost always talk about the developed nations and their economies. when they have problems, when they sneeze, the emerging nations catch the flu, right? they are dealing with the impact of the mistakes or the problems in the developed nations far more, right? >> well, i think that's right, toure. here's the interesting thing about infrastructure. if we do a very serious, large, infrastructure program in the united states over the next couple of years, we do two things. we employ a lot of people and good-paying jobs and near term very low growth. over the median term it helps to protect us and make sure we have the competitive position we need to benefit from the emerging economies in their growth as the emerging middle class in dhichi asia, india and elsewhere comes on stream in 2025. we want to sell into asia. >> all right, jay, t
we don't have new money for government to spend on infrastructure. government has to play a role here, but increasingly there's a desire from the private sector from private capital to invest in infrastructure. >> jay, we almost always talk about the developed nations and their economies. when they have problems, when they sneeze, the emerging nations catch the flu, right? they are dealing with the impact of the mistakes or the problems in the developed nations far more, right? >>...
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. >> eliot: this has been a fascinating education in the rules of governing. >> i'm glad you brought it up. the opportunity actually allowed democracy, small d., to work. >> eliot: this is where the two sides are bumping heads. my suspicion is that the republicans will cave on rates and say ok, we'll give you your tax breaks for the 98% but not vote to raise the debt ceiling try to use that. >> i think the president will insist as part of any agreement that we deem with the debt ceiling. the republicans can allow the tax cuts to proceed and say we're going to work on round two. the american public did not look kindly on the republicans holding the entire economy hostage. the fiscal cliff is bad, but not irretrievable. you can go into january and still put the pieces back together. as you know, defaulting on the debt is irretrievable thing. that's the economic equivalent of a nuclear weapon. that is a big dynamite compared to the fiscal cliff crew having said that, as they get to the year end, i think they'll say we'll vote to extend middle class tax cuts. our leverage is greater beca
. >> eliot: this has been a fascinating education in the rules of governing. >> i'm glad you brought it up. the opportunity actually allowed democracy, small d., to work. >> eliot: this is where the two sides are bumping heads. my suspicion is that the republicans will cave on rates and say ok, we'll give you your tax breaks for the 98% but not vote to raise the debt ceiling try to use that. >> i think the president will insist as part of any agreement that we deem with...
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she worries about the year and a possible government cutbacks. >> they are our main source of keeping the business open. if it goes down any further, we might end up closing up. k of a deficit deal a $800 billion in domestic and defense cuts that family taxes could rise $3,500. is going to be a lot of suffering among a lot of people who deserve otherwise. the white house wants a tax on the rich and increase on the debt limit. say tax tight cost american jobs. medicare is going bankrupt, inability will be bankrupt two years. of democratsity republicans to reach a compromise is frustrating to about socialry security and medicare benefits. a lot of times when people are dug in, they hav a lot of misinformation. still, some insist progress made. g >> our economy is moving up, not enough. go over that cliff would be terrible. in her place of work, linda coolercooler head -- prevail. >> we hope that government will work withus so we can them. on that talk shows today, said he wouldrker agree to higher taxes a the wealthy if it meant chance to overhaul costly like medicare. democrats are ske
she worries about the year and a possible government cutbacks. >> they are our main source of keeping the business open. if it goes down any further, we might end up closing up. k of a deficit deal a $800 billion in domestic and defense cuts that family taxes could rise $3,500. is going to be a lot of suffering among a lot of people who deserve otherwise. the white house wants a tax on the rich and increase on the debt limit. say tax tight cost american jobs. medicare is going bankrupt,...
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government, claiming he was never told of the risks he faced. china's contractors have seen strong growth for european and latin american governments. the international contract association claims growth may slow in 2013 as the economy's deterioration in these countries. the american society of civil engineers recently released a study pointing out the dangers of the government under funds be needed infrastructure improvement in our air land, and see. no doubt this will be a topic at the upcoming government conference in which i am a part of. the storie ♪ ♪ [ male announcer ] the machines are on the move. they're curious. because they've heard that there are new machines -- brilliant ones -- and they're coming to see for themselves. machines with the technology, the scale and the ability to communicate to make the world work better. and now all the machines want in. ♪ ♪ >> e degrees at reagan national. we have fog that will stick around in the morning hours -- a record 71 back in 1991. the weatherbug network is 49 degrees in alexandria.
government, claiming he was never told of the risks he faced. china's contractors have seen strong growth for european and latin american governments. the international contract association claims growth may slow in 2013 as the economy's deterioration in these countries. the american society of civil engineers recently released a study pointing out the dangers of the government under funds be needed infrastructure improvement in our air land, and see. no doubt this will be a topic at the...
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Dec 5, 2012
12/12
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a new gallup poll shows 62% want government leaders to compromise on the fiscal cliff. just 25% said they should stick to their principles. so why is it that this congress and this white house can't seem to get together and compromise on a deal? it certainly isn't the first time republicans and democrats haven't seen eye-to-eye on an important issue but the players in this debate seem to be almost allergic to budging even a little bit. republican senator john mccain says it hasn't always been that way and it's time for both sides to sit down together. >> it's time now to sit across the table from one another rather than me saying what i could accept and wouldn't accept, why don't we have the president and our leaders, republican and democrat, sit across the table the way they did with bill clinton, the way they did with ronald reagan, and the way you get things done in washington, rather than saying hey, would you stick with grover norquist or would you not or would you address entitlements or not. i believe it's vital that we address the entitlements, who are the eleph
a new gallup poll shows 62% want government leaders to compromise on the fiscal cliff. just 25% said they should stick to their principles. so why is it that this congress and this white house can't seem to get together and compromise on a deal? it certainly isn't the first time republicans and democrats haven't seen eye-to-eye on an important issue but the players in this debate seem to be almost allergic to budging even a little bit. republican senator john mccain says it hasn't always been...
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Dec 7, 2012
12/12
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MSNBCW
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it's to have the federal government recognize her legal marriage. >> right. >> vis-a-vis the internal revenue service. because when her partner of 42 years died, she owed $363,000 in federal estate taxes that she would not have to pay if her spouse had been a man. >> and that's a great point because she was legally married in canada, lived in a state that marriage equality is legal. so we're not asking in this case for them to affirm the marriage. it's just for them to affirm where she is legally married that the federal government has to respect that, rich around. >> yes, that's true. but i think that the big picture we want to emphasize today is that we are at the beginning of the end of this struggle perhaps. >> right. >> and that these cases are perhaps among the most historic that any of these justices will ever decide because they are defining right before our very eyes what it means to be an american, what rights do you have as an american and as you so eloquently said at the introduction to this segment, this is what we are about. in june we are going to hear from the supreme
it's to have the federal government recognize her legal marriage. >> right. >> vis-a-vis the internal revenue service. because when her partner of 42 years died, she owed $363,000 in federal estate taxes that she would not have to pay if her spouse had been a man. >> and that's a great point because she was legally married in canada, lived in a state that marriage equality is legal. so we're not asking in this case for them to affirm the marriage. it's just for them to affirm...
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120
Dec 8, 2012
12/12
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i don't believe in efficient government. >> what i've got a problem with the selective cuts. yeah, okay, if you're going to have and suggest cuts here, why not look at every aspect of government. >> absolutely. >> that includes tax loopholes and the defense budget also and that's really been the debate inside of the debate, inside the room. it's a conversation about where you cut. >> let's talk about the elephant in the room and the middle class. when we talk about government spending the vast majority is on the middle class through medicare and social security and can't dance around and say we don't want to touch these because it's politically unfeasible. that's the biggest portion of spending. >> and there are inefficiencies there that can be yielded. nothing should be done that's going to retard economic growth. nothing should be done that should cost us more jobs. can you fix the fiscal cliff and send the economy downward. >> the fiscal cliff, isn't it having real impact in the economy now? >> it's having real impact and name pact will growth longer we take to come to a d
i don't believe in efficient government. >> what i've got a problem with the selective cuts. yeah, okay, if you're going to have and suggest cuts here, why not look at every aspect of government. >> absolutely. >> that includes tax loopholes and the defense budget also and that's really been the debate inside of the debate, inside the room. it's a conversation about where you cut. >> let's talk about the elephant in the room and the middle class. when we talk about...